Six-Bedroom
230-232 W 15th Street, San Pedro, CA 90731
For Sale
$1,089,999
Residential Income, San Pedro, CA
Property Size2,548 SF
Lot Size0.11 Acres
Price / SF$427.79
Days on Market585
Property Features for 230-232 W 15th Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Fencing
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Utilities
Cooling system
Amenities
laundry hookups
Building Details
Year built
Floors in Building
Number of units
Flooring type
Roof type
Listing Agency:
HomeSmart
(760) 844-7500
Listed By:
Marcos Zeledon · License CA #01343031
(310) 403-7061
Added: Apr 10, 2025
Changed: Oct 27
Last Checked: Nov 15 at 1:06AM
MLS# 219128326
Copyright © 2026 California Desert Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Located at 230-232 W 15th Street in San Pedro, this 2002-built duplex contains two residences, each with a 3-bedroom, 2-bathroom layout. The property offers 2,548 square feet on a 0.1148-acre lot, with hardwood, carpet, and tile flooring, ceiling fan cooling, and a shingle roof. The lower unit includes laundry hookups, while separate electric and water meters serve the residences.
Parking and outdoor space are arranged behind the property near the alley. The detached garage accommodates 2 cars, with room for up to 4 additional vehicles beside it. The parcel is fenced and also includes covered, assigned, and on-street parking options. The property is near shopping, dining, public transportation, major freeways, the Aquarium of the Pacific, The Queen Mary, Shoreline Village, and the beach.
Parking and outdoor space are arranged behind the property near the alley. The detached garage accommodates 2 cars, with room for up to 4 additional vehicles beside it. The parcel is fenced and also includes covered, assigned, and on-street parking options. The property is near shopping, dining, public transportation, major freeways, the Aquarium of the Pacific, The Queen Mary, Shoreline Village, and the beach.
Key Highlights
- Two residences, each with a 3‑bedroom, 2‑bathroom floor plan
- 2,548 square feet on a 0.1148‑acre lot
- Built in 2002 with hardwood, carpet, and tile flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,497
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$889,940
$889.9K
Cap Rate 7%
$635,671
$635.7K
Cap Rate 9%
$494,411
$494.4K
Market Conditions
NOI Build-Up for 2,548 SF
Gross rent
$68.8K $27.00/SF
− Vacancy
−$5.2K −$2.05/SF
EGI
$63.6K $24.95/SF
− OpEx
−$19.1K −$7.48/SF
NOI
$44.5K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$889,940
Cap Rate 7%
$635,671
Cap Rate 9%
$494,411
Alternative Uses
Best Use
Multifamily LT 5
$635.7K
$556.2K – $741.6K
NOI $44,497 @ 7.0% cap · market cap 4.08%
Second Best
Apartment 5plus
$585.7K
$512.5K – $683.3K
NOI $40,999 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$1.06M
$930.8K – $1.24M
NOI $74,467 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,615
Businesses Nearby
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Business Placement
Demographics for 90731, CA
61,270
Population
24,477
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
81%
High-School Grad
9.3 sq mi
ZIP Area
6,588
Density / Sq Mi
$71,936
Median Household Income
$41,324
Median Earnings
$1,645
Median Rent
$808,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in San Pedro, CA
Properties on Market for Duplexes in San Pedro
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching residences offer rental flexibility, separate utility metering, and laundry hookups in the lower unit.
Where is this duplex located?
The property is located at 230-232 W 15th Street San Pedro, CA.
What is the asking price?
The asking price for this property is $1,089,999.
What are key features of this property?
This property features: Two residences, each with a 3‑bedroom, 2‑bathroom floor plan; 2,548 square feet on a 0.1148‑acre lot; Built in 2002 with hardwood, carpet, and tile flooring
